US Securities and Exchange Commission Hunting Insider Trading Hackers

Posted by Soulskill on Tuesday June 23, 2015 @07:55AM from the new-sheriff-in-town dept.

An anonymous reader writes: The U.S. Securities and Exchange Commission is actively investigating the FIN4 financial hacking group identified by FireEye last December, according to a Reuters report. In an unprecedented extension of its usual practice, the SEC is soliciting information about security breaches from private companies, who are not obliged to reveal them unless the breach enters into categories covered by federal law. Former SEC Head of Internet Enforcement John Reed Stark describes the proactive stance of the organization as an "absolute first."

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Get the mortgage-backed securities guys first by Anonymous Coward · 2015-06-23 12:20 · Score: 2, Insightful

They stole a LOT more money from the public than any hacking group, and yet none of them have been hung up by their thumbs by the SEC. Crime is OK as long as it is done by the heads of big banks. Hey SEC, you sicken me.